while the overall technical backdrop remains positive, Friday’s spinning top candlestick pattern in the S&P together with overbought conditions suggested that the index is at or very close to a significant near-term top. As for strategy, traders should consider buying downside protection on winning positions
Day: December 16, 2019
This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for December 16, 2019. SPDRs Report is the daily, weekly and monthly technical overviews and analysis for major indices, key sectors, commodities ETFs. This information is a comprehensive summary derived from our proprietary trading system.